Breadlines, tent cities, people struggling to find work — the Great Depression was a national struggle. Reflecting on this historic time offers invaluable lessons on survival, community building, and resilience. What can we learn from such a tumultuous period? Let’s explore four enduring life lessons from this era. Be Flexible Adaptability is critical to surviving tough times. If and when those situations arise, learning to live within our means is crucial, which requires a lot of flexibility. During the Great Depression, people knew odd jobs were better than no job at all, and these days, several apps like Uber, Instacart, and more help people earn enough to make ends meet. If all else fails, be open to moving to a cheaper area, like some families chose to do during the 1930s. Get in the Kitchen The cost of dining out continues to rise, meaning cooking at home is an easy and fun way to save money and connect with your family. Even if you lack culinary skills, you can find many inexpensive and satisfying Depression-era recipes online or in your grandmother’s recipe box. Not everyone enjoys cooking, but knowing your way around a kitchen will dramatically decrease your monthly food bill. Don’t Replace — Repair! What do you usually do when an appliance breaks down? Do you call someone to repair it or just get a new one? Both options are costly, and neither were feasible during the Great Depression. What did they do back then? They fixed it themselves — a practice that’s even easier in modern times thanks to the internet. YouTube is an excellent resource for DIY tutorials for THESE FINANCIAL TIPS STILL WORK! Life Lessons From the Great Depression
Brad and David recently enjoyed an insightful chat with Mike Alder, a Louisiana-born, California-based trial lawyer who has found success through mentorship, giving, and humility. Mike discusses lessons learned from trial verdicts, including how embracing failure as an event, not an identity, can be the key to success, along with a strong belief in the power of mentorship and consistency. These lessons have also spread from his professional life to his personal as he and his wife have recently undertaken the development of a beautiful ranch in the heart of Louisiana to use as an event space. OVERRULED next took a deep dive into the controversy surrounding the Federal Trade Commission’s recent decision to ban noncompete agreements. With over 30 million employees affected, the implications are vast for both employers and workers. Join Brad and David CHECK OUT THE LATEST ON ‘OVERRULED’!
for an in-depth discussion on the legal, business, and philosophical perspectives of noncompetes, including the potential constitutional challenges and what this means for the future of employment contracts.
various products, and you can often find step-by-step instructions for specific models! Watch Those Pennies A famous quote during the
Great Depression is still relevant even after more than eight decades. It goes, “If you watch your pennies,
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the dollars will take care of themselves.” In other
words, spare change adds up. Whether you’re putting away 20 bucks or 20 cents, it’ll add up to big savings in time.
During the Great Depression, people came together to support their communities, knowing there was strength in numbers, especially regarding survival. Despite being so far in the past, you can leverage the wisdom of the era to climb toward a brighter financial future tomorrow.
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